News coverage about MainSource Financial Group (NASDAQ:MSFG) has trended somewhat positive on Friday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. MainSource Financial Group earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 46.2080639823741 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Several brokerages have recently commented on MSFG. Zacks Investment Research upgraded shares of MainSource Financial Group from a “hold” rating to a “buy” rating and set a $39.00 price target on the stock in a research note on Wednesday, May 3rd. Keefe, Bruyette & Woods lowered shares of MainSource Financial Group from an “outperform” rating to a “market perform” rating and set a $39.00 price target on the stock. in a research note on Friday, July 28th. BidaskClub lowered shares of MainSource Financial Group from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. Finally, Stephens lowered shares of MainSource Financial Group from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, July 26th.
MainSource Financial Group (MSFG) opened at 33.32 on Friday. The stock’s 50 day moving average is $34.10 and its 200 day moving average is $33.48. MainSource Financial Group has a 52 week low of $22.11 and a 52 week high of $37.20. The firm has a market cap of $852.19 million, a price-to-earnings ratio of 18.15 and a beta of 0.92.
MainSource Financial Group (NASDAQ:MSFG) last issued its quarterly earnings data on Tuesday, July 25th. The financial services provider reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.01. MainSource Financial Group had a return on equity of 10.61% and a net margin of 22.93%. The business had revenue of $49.04 million for the quarter, compared to analysts’ expectations of $46.40 million. Equities research analysts expect that MainSource Financial Group will post $2.05 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, September 1st will be paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 2.04%. The ex-dividend date is Wednesday, August 30th. MainSource Financial Group’s dividend payout ratio (DPR) is presently 37.16%.
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About MainSource Financial Group
MainSource Financial Group, Inc is a bank holding company. The Company operates a banking subsidiary, MainSource Bank (the Bank), an Indiana state-chartered bank. Through the Bank, the Company offers a range of financial services, including accepting time and transaction deposits; making consumer, commercial, agribusiness and real estate mortgage loans; renting safe deposit facilities; providing personal and corporate trust services, and providing other corporate services, such as letters of credit and repurchase agreements.
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